BIS Statistics Explorer: Table F5.1

Total credit to the government sector at market value (core debt)

As a percentage of GDP

« ‹ Q4 2020 › »	Year					Quarter
« ‹ Q4 2020 › »	2015	2016	2017	2018	2019	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20
Australia	37.5	39.8	40.8	40.7	42.7	42.7	45.2	52.3	60.3	60.9
Austria	95.7	95.6	89.3	84.0	82.6	82.6	85.3	95.9	93.2	98.3
Belgium	122.1	123.2	116.6	113.8	115.8	115.8	122.7	135.0	134.2	135.4
Canada	89.8	89.7	86.7	85.6	87.8	87.8	92.1	113.9	115.0	116.7
Chile	19.9	23.7	25.4	27.8	33.3	33.3	33.7	39.0	38.9	38.5
Czechia	44.8	41.0	36.6	33.4	31.6	31.6	34.5	42.6	40.9	39.7
Denmark	45.7	44.1	41.7	39.8	40.4	40.4	39.9	48.3	49.2	48.9
Finland	73.7	73.7	69.8	68.4	69.1	69.1	74.1	79.1	77.2	80.1
France	108.2	112.4	110.5	109.1	111.4	111.4	114.5	128.8	132.4	132.7
Germany	77.6	75.0	70.0	66.9	65.4	65.4	67.8	75.9	78.7	78.4
Greece	171.8	176.5	181.8	189.3	189.8	189.8	190.0	201.6	213.0	221.8
Hungary	82.6	81.8	77.5	72.2	70.0	70.0	68.9	73.8	76.7	82.7
Ireland	84.7	82.2	73.3	67.0	62.0	62.0	63.4	67.3	66.7	64.3
Israel	70.0	67.5	66.1	64.6	66.7	66.7	66.4	73.3	76.5	78.9
Italy	152.3	149.5	146.5	141.4	148.3	148.3	149.3	163.1	171.5	176.0
Japan	205.6	211.5	211.2	212.5	217.0	217.0	217.4	229.8	235.6	237.6
Korea	38.0	37.7	35.9	36.7	39.3	39.3	42.8	45.2	45.7	44.6
Luxembourg	22.8	21.4	23.1	22.1	23.6	23.6	23.7	25.2	27.3	25.9
Netherlands	72.7	70.9	64.2	59.4	56.3	56.3	57.2	63.3	63.6	63.3
Norway	34.3	38.0	38.3	39.2	40.4	40.4	41.6	41.5	41.5	46.3
Poland	54.5	56.8	52.9	50.7	47.6	47.6	50.1	59.4	59.8	60.3
Portugal	140.3	136.7	136.1	131.0	129.9	129.9	131.1	140.0	146.5	150.9
Spain	115.0	115.4	113.3	111.1	113.8	113.8	115.8	130.3	136.0	140.4
Sweden	46.5	45.5	43.8	41.5	37.5	37.5	38.3	39.5	40.6	41.8
Switzerland	32.1	31.0	31.2	28.8	28.9	28.9	29.8	32.2	31.6	31.7
Türkiye	28.0	28.2	28.5	29.0	31.7	31.7	32.5	38.5	41.2	39.3
United Kingdom	103.2	113.5	111.0	107.9	110.9	110.9	114.0	132.6	135.7	141.4
United States	99.2	100.1	98.1	98.5	102.9	102.9	109.9	124.4	126.9	128.8
Euro area	103.7	103.1	99.1	95.8	96.6	96.6	98.6	109.1	112.5	113.7
Memo:
Euro area	103.7	103.1	99.1	95.8	96.6	96.6	98.6	109.1	112.5	113.7
Aggregates based on conversion to US dollars at market exchange rates ¹
G20 (aggregate)	84.6	87.3	90.0	86.1	91.2	91.2	93.0	104.0	108.8	113.1
All reporting economies	81.8	84.4	87.0	83.1	88.1	88.1	89.6	100.4	105.0	109.3
Advanced economies	105.8	105.6	108.5	103.9	108.8	108.8	111.6	125.9	130.7	134.8
Aggregates based on conversion to US dollars at PPP exchange rates ¹
G20 (aggregate)	77.3	80.2	79.6	79.5	82.3	82.3	84.8	93.1	96.0	97.9
All reporting economies	75.1	77.7	77.2	77.0	79.6	79.6	82.1	90.2	93.0	94.9
Advanced economies	108.9	109.9	107.1	105.9	108.4	108.4	112.1	125.0	128.2	130.3

¹ G20 comprises Argentina, Australia, Brazil, Canada, China, the euro area, India, Indonesia, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States.
Advanced economies comprise Australia, Canada, Denmark, the euro area, Japan, New Zealand, Norway, Sweden, Switzerland, the United Kingdom and the United States.
Emerging market economies comprise Argentina, Brazil, Chile, China, Colombia, Czechia, Hong Kong SAR, Hungary, India, Indonesia, Israel, Korea, Malaysia, Mexico, Poland, Russia, Saudi Arabia, Singapore, South Africa, Thailand and Türkiye.
All reporting economies comprise the economies listed under the advanced and emerging market economies.
Where data on credit to the government sector at market value are not available, data on nominal value are used for the aggregates.